Mumbai: The BSE Sensex on Wednesday rallied by 421.50 pts to reach 40,965.87 in early trade following gains in Materials, Energy, Finance, Industrials and IT stocks.
The Nifty of the National Stock Exchange too rose by 115.80 pts to reach 12,012.60.
The Sensex registered the intra days high and low at 40,976.12 and 40,757.27 pts respectively.
The Nifty registered the intra days high and low at 12,018.65 and 11,951.80 respectively.
The Mid Cap rose by 0.70 per cent and the Small Cap by 0.60 per cent.
In 30 scrips, 27 advanced while 3 declined.
The gainers were Indusind Bank by 3.02 per cent to reach Rs 644, Tata Steel by 2.36 per cent to reach Rs 401.25, Axis Bank by 2.21 per cent to reach Rs 504.60 and HDFC by 2.08 per cent to reach Rs 2058.25.
The losers were Nestle India by 1.28 per cent to reach Rs 16,044.10, Hind Unilever by 0.60 per cent to reach Rs 2159, TCS by 0.23 per cent to reach Rs 2732.05 and HCL Technologies by 0.01 per cent to reach Rs 880.